The Long Investor
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$NU
🕑 Added 2025-05-20 11:28:19 +0000 UTC$NU has been handling the market and some catalysts very well lately.
The miss on Earnings and Buffett revealing that he has exited his $NU position has still not changed the structure of this chart.
We know it was quite bullish going into ER, with a clear breakout and holding above all important MA's but it has turned out very beneficial for $NU now.
I think the longer $NU can hold above the 200 Day MA at $12.50 and the blue support line at $12.30, the higher the chances that this starts moving higher as expect to the 1.618 Fib at $29.
The one variable is that $NU may move sideways above this support level until the next ER's after that ER miss.
I don't think holders should have an issue with that.
